Smart TVs, which represented the largest category, experienced a 4.3% decline in 2022 due to tough year-over-year comparisons as the market for TVs and other products was extremely strong in 2021 due to Covid-related purchasing.
As of 2022, there are a total of 1,582 IT-BPO industry activities registered in PEZA which generated a total of P337.593 billion investments, and 1,095,622 direct jobs.
The move brings UPS closer to the Mactan-Cebu International Airport and streamlines imports and exports processes to serve customers with greater efficiency.
Smartwatches, the only category that maintained positive growth, grew 23.3% during 2022, reaching 80 million units. Apple surpassed Huawei to become the market leader.
Ayala-owned technology and electronics manufacturing company Integrated Micro-Electronics Inc. (IMI) will assemble Zero Motorcycle’s electric motorcycle models in their facility in Laguna in conjunction with the manufacturing facilities for Zero in Scott’s Valley, California.
Globally, 82% of customer engagement leaders met or exceeded their company’s financial goals for 2022, compared to 62% of customer engagement laggards.
Over the next five years, Envirotech Vehicles (EVT) is investing $80 million into the country, and is expecting to generate 800 direct jobs toward the production of 4,000 electric vehicles per year.
Education was the only segment to grow in 2022, thanks to government initiatives and sizable education projects in India, Korea, Malaysia, Taiwan, and the Philippines.
PLDT, quoting a report by Romanian cybersecurity technology company Bitdefender, said hackers will go after employees 99% of the time by employing social engineering to coax their victims into revealing their personal information.
